Because of his experience, I decided to share my full process during the negotiation.

Has anyone looked at buying RE via a self directed IRA vs cashing out the IRA, paying the penalty and putting funds into a business account and having full control of funds Immediately?

Hello BP friends,My name is John and I just recently moved to Georgia from the expensive state of California and looking to eventually transition out of my normal career and invest in real estate full time.

Given my full time job I really don't want to have to deal with those issues.  

Of course the 9 cap rate assumed full occupancy and was missing many expenses. 

All tenants are responsible for the rent payment for the full month in which the tenancy terminates.

There are many terms that get thrown around that I don't understand the full definition of, and having a place where I could get an explanation of them all in one place would be awesome.Thank you everyone! 

Should you find/assign the contract to an end buyer the broker is full right to all commission made on the sale of the property as they have the exclusive right to sell the property NOT YOU, and the seller will need to pay the broker a commission. 

Your best defense is to RTFC - Read the full contract, the FAR-BAR contract for sale of real estate (whichever one was used), and any agreement with the buyer or seller.

The price is at a discount and the house needs a full reno but the comp ranges are extremely tricky.